M&A Category: M&A

Ukrainian MacPaw acquires Finnish archive extractor The Unarchiver

MacPaw, a Kyiv (Kiev)-based Mac software development company serving more than five million customers worldwide, has bought the file unpacker for Mac users The Unarchiver. The terms of the deal, which was announced earlier this week, have remained undisclosed.

With millions of clients around the world, the Finnish app claims to be among the top apps in the App Store.

Continue reading

Ukrainian Eda.ua merges with Baltic Foodout: The Eastern-European food delivery leader consolidates

Last week Chernovetskyi Investment Group (CIG), a Ukrainian investment company, announced that its portfolio company Eda.ua has merged with Foodout, a major food delivery player operating in Baltics.

The deal between CIG and Foodout’s investor, the Gold Fish fund, has resulted in the creation of Foodout Group.

Continue reading

Connected pet startup Petcube acquires Canadian pet monitor maker PetBot

Petcube, a Ukrainian-American startup which has developed a pioneering connected pet device, today announced the acquisition of PetBot, a Canadian startup operating in the same field. The amount of the deal has not been disclosed, but Petcube indicated that the company’s intellectual property and assets are being acquired.

PetBot presents its Indiegogo-funded device as “the only pet monitor that lets you interact with your pet from anywhere,” allowing you to give treats to your pet, see what they’re up to, get selfies sent to your mobile device.

Continue reading

SendPulse acquires Turkish email marketing service provider

SendPulse, an AI-powered email marketing service provider, announced it had acquired its Turkish counterpart Mailto in late May. Although the amount of the transaction has not been disclosed, SendPulse’s co-founder and CEO Constantine Makarov told Ukraine Digital News that Mailto has been valued at $300,000.

“As we are focused on the emerging and fast-growing markets, Turkey is a key market for SendPulse. We are planning to enter Mexico and China soon,” commented Makarov.

Continue reading

App Solutions acquires Ukrainian IT outsourcing company Grossum

In a deal announced yesterday Grossum, a Kyiv (Kiev)-based IT company specializing in e-commerce and e-health solutions, has been acquired by software development company App Solutions for an undisclosed amount.

App Solutions expects the deal to result in “higher efficiency” for its business, “strengthening expertise in web and mobile development and improving the company’s positions in the IT outsourcing market.”

Continue reading

Luxoft acquires Ukrainian software development company IntroPro

Earlier this week Luxoft, a NYSE-listed provider of software development services and innovative solutions and a part of Russia’s IBS Group, announced the acquisition of IntroPro. The details of the transaction have not been disclosed.

Established in 2008, IntroPro is an engineering consultancy that employs development teams in Ukraine to serve essentially clients in North America. Its expertise covers consulting, architectural design, development as well as quality assurance services for enterprise systems and embedded systems (devices) software development.

Continue reading

Ukrainian SoftServe acquires Polish IT company

Earlier this month SoftServe, a major IT outsourcing company headquartered in Lviv (Lvov), Western Ukraine, announced that it has acquired Coders Center, a privately-held enterprise technology firm headquartered in Poland. The terms of the deal remain undisclosed.

“Coders Center brings valuable experience in the implementation of enterprise content management systems, and this acquisition supports SoftServe’s strategy to strengthen our platform and cross-vertical industry expertise,” said Brian Borack, SoftServe’s COO.

Continue reading

Horizon Capital becomes majority shareholder in Ukrainian telecom operator

Last week Horizon Capital, a Kyiv (Kiev)-based private equity fund manager, announced that it had increased its stake in Datagroup, a major Ukrainian independent telecom operator, from significant minority to over 70%. Horizon Capital will assume operational control of the company.

When contacted by Ukraine Digital News, the fund declined to disclose any further details.

Continue reading

Playtika acquisition: 600 Ukrainian IT specialists to work for Chinese investors

Last month a consortium of Chinese investors led by Shanghai Giant Network Technology Co. agreed to acquire Playtika, the social and mobile gaming branch of Caesars Entertainment Corp., in an all-cash deal of $4,4 billion.

Almost half of Playtika’s staff — 600 out of 1,300 employees operating globally — work in Ukraine, noted Ukrainian high tech blog AIN.UA.

Continue reading

Altran acquires Ukrainian-Amercian software development firm with “elite engineering teams”

Yesterday Altran announced the acquisition of Lohika, a Silicon Valley-headquartered software development company with Ukrainian roots. The acquisition is expected to be completed in 2016 and is subject to customary closing conditions.

Altran expects this acquisition to increase its revenues in North America by more than 40% by the end of 2016. It will also make the USA the second largest region for the group on a revenue basis.

Continue reading

Ukraine Digital News is published with the support of
  • APEX
  • Aventures
  • Ciklum
  • fison
  • Ta Ventures
  • Territories of Tomorrow
 
 
PageLines
Everything you ever wanted to know about Ukraine's digital industries
Conveniently delivered to your mailbox, every week
  • Latest industry news
  • Information on startups in Ukraine
  • Market data and reports
  • Interviews with key players
  • Upcoming events
  • Recommended services
* we never share your details with third parties.